Banks Admit Under-Trained Staff in Foreclosure Crisis – SHOCKING!JPMorgan, vowed to expand training after a review found that the.... CONTINUE
Mortgage Principal-Reductions Remain Only a DreamThe Federal Housing Finance Agency acknowledges its mandate to offer the.... CONTINUE
Settlement – Schmettlement. It’s a Gift to the BanksNOBODY seems to like the grand settlement reached yesterday between the.... CONTINUE
Cramdowns – or a Crock of Crap?Representative Zoe Lofgren, a California Democrat, proposed securing meaningful principal write-downs.... CONTINUE
The “New” Federal H.O.M.E. Program is stupid, Stupid, STUPIDWhat is H.O.M.E. ? The Hardship Outlays to protect Mortgagee Equity.... CONTINUE
15% More to Drop – Prediction for Housing Prices in CaliforniaHistorical trends don't lie. At least that's what "smart people" are.... CONTINUE
“Senior” Retirement Housing. A Sobering Thought.Vickie Elmer, of the New York Times recently reported that "About.... CONTINUE
Rent to Own – REO. Who Are They Kidding Now?The L.A. Times recently reported that the Fed is now looking.... CONTINUE
Short Sales – no liability for second’s ?SB 458 - effective July 11, states no liability will inure.... CONTINUE
“Sticky” Prices or “Stupid” Prices?Sellers (and listing brokers?) of residential real estate seem stuck in.... CONTINUE
Good News Everybody! The “Great Recession” ended 2 YEARS ago. Technically…The recession is over…technically. Californians who consider the condition of the.... CONTINUE
Feds to the Market: Let’s Kill High End Real Estate Sales!The New York Times recently reported that “high value” homes are.... CONTINUE